The growth of the co-working industry along with the changing mindset of young generation is also driving traditional companies to change their work-style, starting from the designing of their offices.Ankit Sharma | ETRealty | Updated: March 29, 2017, 20:53 IST

While cost-cutting is one of the reasons behind the change, it is not the major reason.

“Increasingly, we are witnessing that traditional companies such as Airtel, Bajaj Finserv, etc are moving to this new system. The change is being led by the top management who no longer want to stick to cabin and cubicle model and are ready to sit with junior employees. They think the change will improve the employee productivity in the long term,” says Roy.

The growth of the co-working industry along with the changing mindset of younger generation is also driving traditional companies to change their work-style, starting from re-designing their office spaces.

Consolidation in progress

Majority of these companies who are moving to the new office concept are consolidating their scattered offices across the city to one place. Generally companies like Bajaj Finserv used to have representative or sale offices scattered throughout a city, they are now bringing-in all their employees under one roof.

“Optimization of the human resource is the new trend. Every company is looking to enhance the working capacity of their employees and if majority of the time is wasted in transportation, it doesn’t help the company at all,” says Roy.